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TMCNet:  Mixed Mail Processing Solution Helps Lockbox Processor Cut Operating Costs By 15%

[February 12, 2013]

Mixed Mail Processing Solution Helps Lockbox Processor Cut Operating Costs By 15%

ITHACA, N.Y., Feb. 12, 2013 /PRNewswire via COMTEX/ -- RP Solutions, Inc., an inspired remittance processing solutions provider and OPEX Corporation, a provider of high-speed document imaging and mail center automation equipment, announces the successful implementation of their integrated Mixed Mail Processing solution at Bill2Pay, a large lockbox processor. Bill2Pay has since shortened their processing day, reallocated operations staff and reduced hardware maintenance costs, representing a 15% savings in operating expenses.


(Logo: http://photos.prnewswire.com/prnh/20101006/NY76808LOGO ) Mixed Mail Processing allows incoming mail to be scanned without labor-intensive presorting. Bill2Pay's solution includes ExpertRPS, RP Solutions' flagship remittance processing software, 3 OPEX AS7200i document scanners with integrated mail extraction and 2 OPEX AS180 payment automation workstations. Each OPEX workstation performs both mail opening and image scanning. ExpertRPS then identifies each document, extracts the necessary data and processes each transaction.

"Bill2Pay has been using ExpertRPS for 12 years and has always placed a high priority on efficiency," said David Johnson, President, RP Solutions. "With our Mixed Mail Processing solution, we streamlined their operation by combining mail extraction, document imaging, recognition and sorting into a single process. ExpertRPS is fully integrated with OPEX's ScanLink interface so our software communicates with the devices in real-time resulting in smooth operations for our customers." "There were a dozen devices for mail opening and image scanning at Bill2Pay. Mail had to be sorted, prepped and handled multiple times," said Jeff Geshay, Administrator of Partner Relationships for OPEX Corporation. "We're pleased Bill2Pay standardized on OPEX's mail center automation equipment. Partnering with RP Solutions, we've turned their lockbox operation into a leading showcase for Mixed Mail Processing." Bill2Pay, part of Intuition Systems, processes over 30 million remittance payments annually at two locations in Florida. "This savings helps us maintain our competitive offering while mail volumes decrease and other costs continue to increase," says Kathy Wilson, Director of Operations at Bill2Pay.

About RP Solutions, Inc. RP Solutions is an inspired document imaging, remittance processing and electronic payment solutions provider. In business since 1995, RP Solutions helps organizations realize the benefits of electronic payment processing with products including a remote deposit solution for merchants, advanced customizable product suites for high volume payment processors and an online payment gateway. www.RPSolutions.com About OPEX Corporation OPEX is a recognized global technology leader in document imaging, high-speed mail center automation and material handling. Since 1973, OPEX systems have provided performance-enhancing workflow solutions and cost effective results to thousands of organizations worldwide. OPEX systems are installed in financial services, healthcare, government, nonprofit, utility, service bureau, insurance, telecommunications, and university/educational marketplaces around the world. www.opex.com Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Bill Pierce http://www.profnetconnect.com/bill_pierce SOURCE RP Solutions, Inc.

http://rt.prnewswire.com/rt.gif NewsItemId=NY55517&Transmission_Id=201302121030PR_NEWS_USPR_____NY55517&DateId=20130212

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